In: Accounting
Below is a traditional cost-volume–profit graph for Willow, Inc for the month of July. Willow, Inc sells a single product- a specialty chair. The graph is not to scale. cvp graph The points on the graph are as follows: A: (0, 2800) B: (1000,47500) C: (1000, 36000) 1. What is the per unit selling price for each chair? 2. What is the fixed costs for the month of July? 3. What is net income when 1000 chairs are sold? 4. What is the variable cost of one chair?